
Problems related to the ongoing grounding of airlines’ fleets of Boeing’s [BA] 737 MAX passenger airplanes led the company on Thursday to announce it will take a $4.9 billion after-tax charge in its second quarter financial results, which will be released on July 24. The charge will chop $8.74 earnings per share from the bottom line results, Boeing said. The company also said the charge will result in a $5.6 billion reduction in sales in the quarter. The charge assumes…